Q2 Metals Announces Details of its Expansion Drill Program for the Cisco Lithium Project in Eeyou Istchee James Bay, Quebec
Q2 Metals Announces Details of its Expansion Drill Program for the Cisco
Lithium Project in Eeyou Istchee James Bay, Quebec
Highlights
• The 2025 Winter Drill Program is fully funded and anticipated to commence February 1,
2025.
• The 2025 Winter Drill Program is targeting 6,000 – 8,000 metres (“m”) of drilling using
two diamond drill rigs.
• The primary objective is to continue to expand upon the exceptional drill results from
the 2024 drill campaign.
Video Overview of Q2 Metals and the Cisco Lithium Project
Vancouver, British Columbia, January 20, 202 5 – Q2 Metals Corp. (TSX.V: QTWO | OTCQB:
QUEXF | FSE: 458) (“Q2” or the “ Company”) is pleased to announce that the 2025 Winter Drill
Program (the “2025 Winter Program”) at its Cisco Lithium Project (the “Project” or the “Cisco
Project”) is anticipated to begin on February 1, 2025. Crews will be mobilizing to the Cisco Project
over the course of the next week.
TSX-V: QTWO
OTCQB: QUEXF
FSE: 458
The primary objective of the 2025 Winter Program is to continue to expand upon the exceptional
drill results from the 2024 drill campaign which included:
• Drill hole CS-24-018 - 215.6 m at 1.69% Li2O
• Drill hole CS-24-021 - 347.1 m at 1.35% Li2O; and
• Drill hole CS-24-023 - 188.6 m at 1.56% Li2O
Alicia Milne, Q2 Metals President and CEO commented : “We are excited to get back to work on
the Cisco Project to continue to reveal its true potential and look forward to unlocking further
value for our shareholders as we expand on the known mineralization zone by stepping out into
untested areas of the Project."
“Since completing the 2024 Drill Program, our team has been evaluating all of the data that was
collected to gain a better understanding of what we’re seeing at Cisco,” stated Neil McCallum,
Q2 Metals VP of Exploration. “We have several highly promising targets that we are eager to
explore to better understand the extent of Cisco.”
The 2025 Winter Program is planned to continue until mid-April 2025, targeting 6,000 – 8,000 m
of drilling. Once the program begins, systematic drilling will be carried out with step outs between
200 and 400 m apart (Figure 1 and Figure 2).
Figure 1 Map showing 2025 Winter Program drill targets
One diamond drill rig will test to the southwest of drill hole CS-24-023 to define the strike length,
and the other drill rig will test to the east of drill hole CS-24-018 and CS-24-021 to define potential
additional parallel pegmatite zones.
Figure 2. Long Section containing all holes drilled to date (looking southwest)
Upcoming Events:
AME Roundup Core Shack
Q2 is pleased to have been selected as a participant in the core shack at the upcoming AME
annual Roundup conference being held in Vancouver, BC from January 20 – 23, 2025.
Vice President of Exploration Neil McCallum as well as senior project geologists will be on hand
with core from the 2024 drill season at Cisco. Mr. McCallum will also be presenting at the Critical
and Base Metals Speaker Session on Tuesday January 21, 2025.
For more information on AME Roundup, please click here.
PDAC Booth and Core Shack
The Company will be attending and exhibiting on site at the 2025 Prospectors & Developers
Association of Canada event (“PDAC 2025”) in Toronto, ON. Q2 is exhibiting in the Investors
Exchange from March 2 – 5, 2025 at booth number 2726.
Additionally, Q2 Metals is pleased to announce that the Company has been selected to exhibit
core from the Cisco Lithium Project at PDAC 2025. More details to be provided as the event
approaches.
For more information on PDAC 2025, please click here.
About Q2 Metals Corp
Q2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of
lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both the
Cisco Lithium Project and its 100-per-cent-owned Mia Lithium Project.
The Cisco Project is comprised of 767 claims, totaling 39,389 hectares (“ha”). The Cisco Project
transects the Billy Diamond Highway, and the main mineralized zone is located only 6.5
kilometres (“km”) away from the highway. The Cisco Project is approximately 150 km north of
Matagami, a small town that contains the closest rail link to much of James Bay; and is within the
greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec.
The Cisco Project is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic
package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium
District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 k m and
180 km away, respectively.
The Cisco Lithium Project has district-scale potential with an already identified mineralized zone
and discovery drill results that include:
• 120.3 metres at 1.72% Li2O (hole CS-24-010);
• 215.6 metres at 1.69% Li2O (hole CS-24-018);
• 347.1 metres at 1.35% Li2O (hole CS-24-021); and
• 188.6 metres at 1.56% Li2O (hole CS-24-023)
Since May 2024, the Company has drilled a total of 6,359.7 m over 17 holes. All drill holes
intercepted pegmatite with visual indications of spodumene mineralization identified.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne Jason McBride
President & CEO Corporate Communications
[email protected] [email protected]
Telephone: 1 (800) 482-7560
E-mail: [email protected]
WWW.Q2Metals.com
Follow the Company: Twitter, LinkedIn, Facebook, and Instagram
Qualified Person
Neil McCallum, B.Sc., P.Geol, a registered permit holder with the Ordre des Géologues du Québec and Qualified
Person as defined by NI 43 -101 (“QP”), has reviewed and approved the technical information in this news release.
Mr. McCallum is a director and VP Exploration for Q2.
Forward-Looking Statements
This news release contains forward -looking statements and forward -looking information (collectively, “forward -
looking statements”) within the meaning of applicable Canadian legislation. Forward -looking statements are
typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”,
“should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions,
which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or
achieved. Accordingly, all statements in this news release that are not purely historical are forward -looking
statements and include state ments regarding beliefs, plans, expectations and orientations regarding the future
including, without limitation, any statements or plans regarding the geological prospects of the Company’s properties
and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in
such forward -looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those in t he forward -looking
statements. Forward-looking statements are based on a number of material factors and assumptions.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those anticipated in such forward -looking statements. The forward -looking
statements in this news release sp eak only as of the date of this news release or as of the date specified in such
statement. Forward looking statements in this news release include, but are not limited to, the prospectivity of the
greenstone rocks in the area, the possibility of future development and mining infrastructure scenarios, the potential
for development, the potential scale of the Cisco Project, the focus of the Company’s current and future exploration
and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's
expectations in connection with the projects and exploration programs being met, the C ompany’s objectives, goals
or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources,
exploration and mine development plans, timing of the commencement of operations and estimates of market
conditions. Factors that could cause actual results to differ materially from those in forward -looking statements
include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters
as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to
be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable
terms, general economic, market or business cond itions, risks associated with regulatory changes, defects in title,
availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured
risks, delays in receiving government approvals, unanticipated environmen tal impacts on operations and costs to
remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky
business and accordingly, the actual events may differ materially from those projected in the forward -looking
statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management
Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at
www.sedarplus.ca.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking
statements prove incorrect, actual results may vary materially from those described herein as intended, planned,
anticipated, believed, est imated or expected. Although the Company has attempted to identify important risks,
uncertainties and factors which could cause actual results to differ materially, there may be others that cause results
not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation,
to update this forward-looking information except as otherwise required by applicable law.
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.